Ali Rathod-Papier has stepped down from her role as global head of compliance at corporate card expense management startup Brex to join venture firm Andreessen Horowitz (a16z) as […]
PayPal Ventures leads $20M round into Gynger, which offers companies ‘buy now, pay later’ for technology purchases
Gynger, a platform that lends capital to companies for technology purchases, has raised $20 million in a Series A round led by PayPal Ventures, it told TechCrunch exclusively. […]
Unit and Loop lay off staff and Brex ditches co-CEO model
Welcome to TechCrunch Fintech! This week, we’re looking at layoffs at BaaS startup Unit and car insurance company Loop, as well as Brex’s decision to abandon its co-CEO […]
Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch […]
Rippling’s tender offer decision draws mixed — and strong — reactions
Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech […]
Kleiner Perkins leads $14.4M seed round into Fizz, a credit-building debit card aimed at Gen Z college students
Carlo Kobe and Scott Smith believed so strongly in the need for a debit card product designed specifically for Gen Zers that they dropped out of Harvard and […]
When foes become friends: Capital One partners with fintech giants Stripe, Adyen to prevent fraud
The tension between incumbents and fintechs has existed for decades. But every once in a while, the two groups decide to put their competition aside and work together. […]
A look at LoanSnap’s troubles and which neobanks are having a moment
Welcome to TechCrunch Fintech! This week, we’re looking at LoanSnap’s woes, Nubank’s and Monzo’s positive milestones, a plethora of fintech fundraises and more! To get a roundup of […]
Former teen model co-created app Frich to help Gen Z be more realistic about finances
As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to manage money early […]